NOT LISTED FOR SALE

700 Wave Crest Ave Unit 204 Indialantic, FL 32903

Indialantic Area

Estimated Value: $417,000 - $474,309

2 Beds
2 Baths
1,554 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2026

Last sale price $420,000 $270 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,731 / mo

433 Days on Market

Highlights

  • Community Beach Access
  • Gated Community
  • Deck
  • Ocean Front
  • Open Floorplan
  • Traditional Architecture

About This Home

As of February 2026

Welcome to 700 Wavecrest Ave Unit 204, a stunning oceanfront condo offering panoramic views, modern upgrades, and peace of mind. This boutique 18-unit building has completed a $3M structural renovation including a new roof and impact-rated turtle glass windows. Fully compliant with Florida Senate Bill 4D and SIRS, there are no pending repairs, surprise assessments, or reserve concerns. Inside you'll find a chef's kitchen with granite countertops, stainless appliances, and a large island, a cozy sunken fireplace, split-bedroom layout, and a walk-in closet in the primary suite. Enjoy breathtaking views from your 48-foot private balcony. Additional highlights include updated A/C, assigned parking, and secure access. Pet-friendly with no size restrictions. Perfect for full-time living, seasonal getaways, or investment. Fully insurable, financeable, and just steps from the beach, dining, and shops in the heart of Indialantic.

Last Agent to Sell the Property

Ruth Murphy

Dale Sorensen Real Estate Inc. License #3508207 Listed on: 11/13/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Ruth Murphy

Dale Sorensen Real Estate Inc. License #3508207 Listed on: 11/13/2024

Dale Sorensen Real Estate Inc.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 2,178 Sq Ft Lot
  • Ocean Front
  • West Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $941 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Wood Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Ocean Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Security Gate
  • Closed Circuit Camera
  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • Guest Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Bathroom
  • Grip-Accessible Features
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Kitchen Appliances
  • Central Living Area
  • Accessible Hallway

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Rear Porch

Additional Homes

  • 1,554 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)
  • ADU includes 2 Bedrooms

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pest control, security, trash
  • Islamorada Condo Association
  • Islamorada Condo Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Secure Lobby

Recreation

  • Community Beach Access

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,588

Year Built

Built in 1983 | Remodeled

Lot Details

2,178 Sq Ft Lot

HOA Fees

$941 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Reso View: Ocean
  • Water Body Name: Atlantic Ocean
  • ResoSecurityFeatures: 24 Hour Security, Closed Circuit Camera(s), Smoke Detector(s), Security Gate, Secured Lobby
  • Reso Association Amenities: Beach Access, Car Wash Area, Elevator(s), Gated, Maintenance Grounds, Trash, Management - Off Site, Management - Full Time
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Trash
  • ResoSpecialListingConditions: Owner Licensed RE, Assessment Seller Pay
  • Subdivision Name: Islamorada Condo
  • Reso Accessibility Features: Accessible Bedroom, Accessible Common Area, Accessible Central Living Area, Accessible Elevator Installed, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Central Living Area, Grip-Accessible Features, Visitor Bathroom
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: 200+ Amp Service, 220 Volts
  • General Property Information Community Fee(s) YN: No
  • Pets Allowed Total Number Of Pets: 2
  • Accessory Dwelling Information Dwelling Type: Other
  • Accessory Dwelling Information ADU Attached YN: No
  • General Property Information CDD Fee YN: No
  • Accessory Dwelling Information Bedrooms: 2
  • Accessory Dwelling Information Square Footage: 1554.0
  • Marketing Remarks:Marketing Remarks: Welcome to 700 Wavecrest Ave Unit 204, a stunning oceanfront condo offering panoramic views, modern upgrades, and peace of mind. This boutique 18-unit building has completed a $3M structural renovation including a new roof and impact-rated turtle glass windows. Fully compliant with Florida Senate Bill 4D and SIRS, there are no pending repairs, surprise assessments, or reserve concerns. Inside you'll find a chef's kitchen with granite countertops, stainless appliances, and a large island, a cozy sunken fireplace, split-bedroom layout, and a walk-in closet in the primary suite. Enjoy breathtaking views from your 48-foot private balcony. Additional highlights include updated A/C, assigned parking, and secure access. Pet-friendly with no size restrictions. Perfect for full-time living, seasonal getaways, or investment. Fully insurable, financeable, and just steps from the beach, dining, and shops in the heart of Indialantic.
  • General Property Information:Accessory Dwelling Unit YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entrance Foyer, Kitchen Island, Open Floorplan, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Split Bedrooms, Guest Suite
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 1
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Roof: Concrete, Wood
  • Acres: 0.05
  • Pool Private: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Guest, Off Street, Parking Lot

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 940.62
  • Association Fee Frequency: Monthly
  • Association Name: ISLAMORADA CONDO
  • Association: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4588.13

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Feb 26, 2026
Sold by
Bought by
Seller's Agent
Ruth Murphy
Dale Sorensen Real Estate Inc.
Buyer's Agent
Ruth Murphy
Dale Sorensen Real Estate Inc.
List Price
$570,000
Sold Price
$420,000
Premium/Discount to List
-$150,000
-26.32%
Views
1267
Current Estimated Value
$436,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,327
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Feb 13, 2025
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2023
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.19%

Purchase Details

Closed on
Sep 5, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Indialantic, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$420,000 Alliance Title
$100 None Listed On Document
$100 None Listed On Document
$445,000 Title Security & Escrow Of C
$131,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $356,000
Previous Owner $44,500
Previous Owner $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/26/2026 02/26/26 Sold $420,000 -16.0% $270 / Sq Ft
01/20/2026 01/20/26 Pending -- -- --
12/12/2025 12/12/25 Price Changed $499,999 -12.3% $322 / Sq Ft
09/14/2025 09/14/25 Price Changed $570,000 0.0% $367 / Sq Ft
09/14/2025 09/14/25 For Sale $570,000 +3.6% $367 / Sq Ft
08/22/2025 08/22/25 Off Market $550,000 -- --
04/07/2025 04/07/25 Price Changed $550,000 +4.0% $354 / Sq Ft
02/21/2025 02/21/25 Price Changed $529,000 -2.0% $340 / Sq Ft
01/09/2025 01/09/25 Price Changed $540,000 -6.1% $347 / Sq Ft
11/13/2024 11/13/24 For Sale $575,000 -- $370 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,702 $317,490
2024 $4,588 $308,550
2023 $4,588 $299,570
2022 $4,259 $290,850 $0 $0
2021 $4,385 $282,380 $0 $0
2020 $4,382 $278,490 $0 $0
2019 $4,324 $272,230 $0 $272,230
2018 $4,393 $269,530 $0 $269,530
2017 $4,342 $269,540 $0 $269,540
2016 $4,484 $234,830 $0 $0
2015 $4,179 $204,200 $0 $0
2014 $3,870 $185,640 $0 $0
Source: Public Records

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1029453

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00040.0-0001.10

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